I think it was mentioned that businesses were exempt from this limitation. 

This is almost unbelievable to me, that a gov't would limit citizens' access to cash.  If that isn't a huge slap in the face and a threat to basic freedoms, I don't know what is.  Malaysian people ought to be protesting in the street, even if they wouldn't be affected by the limitation.

I think the Malaysian gov't is using a backhanded method of making its people go cashless, by using the excuse that large amounts of cash in people's hands equals crime.  The U.S. gov't stopped making bills larger than $100 for that reason, but at least there's no limit to what people in the states can carry.  Heaven help us if that ever happens.